The question then becomes this - is the $ cost worth the dependability and quality you expect to receive from the non-bank lender. 

Each parts of this loop could be broken and get investors stuck, therefore, Flipping is a very high risk, experience and team&networking based game, it is not for everyone, the chances to win the game is low!

In my view it's not sketchy, just not high end. 

For my airbnb unit (the upstairs apartment in an up-down duplex in NE Minneapolis), I found a few really high quality pieces to anchor the rooms (living room couch and lounge chair from Room and Board, and a pull-out sofa sleeper from West Elm). 

BRRRRs are really tough right now with interest rates high, rents flat, contractors booked up, and tremendous competition for deals.i always get nervous with HELOCs as down payment because it can mean that you're not well capitalized. 

I was there last week, that place is the hot bed of high tech lol

The value is not going down but you will see price decreases from pressures of qualified buyers and high interest rates.

In that regards I would rather prefer to build a mutual beneficial connection rather than one that only benefits one side, even as a newbie there's something that can be offered that is of value.And I would rather that you're blunt rather than sugar coat things, in several discussions I found instances where wholesalers took advantage of sellers through P&SA contracts, inspection clauses and closing dates and were unable to fulfill there obligations to the sellers and preventing the seller from getting other buyers during the validity of the contract, I means it's quite unfair.But there where other instances where wholesalers had built credibility by the manner in which the death, I mean that is what builds a good relationship and make room for future referrals.I would still like to know your thoughts on Wholesaling and wholesalers, please do not sugar coat, let it out just as you see it. it.

It seems there is a significant discrepancy with the cost of housing (very high) and rent (much lower then the cost of housing).

It offers a strong balance of cash flow potential and appreciation.